Expro is currently collecting real-time data to support production optimization from brownfield wells using a non-intrusive wellhead surveillance technology. John McKay, Expro, explains. ActiveSONAR…
As ExxonMobil decreases its capital spending budget this year by 25%, the supermajor looks to start up 10 new upstream projects between now and 2017 that will see its production capacity increase. Tillerson…
Oil and gas has all the resources for a big data revolution – so what’s holding us back? Robert Dickson, Director – field development project excellence at io sets out his view. Image from iStock…
Elaine Maslin examines some of the potential uses for nanoscale manufacturing in the oil and gas industry. Image provided by Repsol. Source: 'Commercial scale production of inorganic nanoparticles…
Europe's biggest subsea-focused industry event kicks off tomorrow. Of course the oil price and low levels of activity in the industry will be on everyone's minds. OE, principal media sponsor for Subsea Expo, spoke to Neil Gordon, CEO of conference organizer Subsea UK…
A relentless focus is required to maintain and optimize production on often aging North Sea assets. Elaine Maslin reports. Wintershall’s Brage platform. Photos from Wintershall. Optimizing…
WFS Technologies has developed a battery management system technology which enables the battery life of subsea wireless instrumentation and control systems to be extended to up to 15 years. Seatooth Endure technology integrates this battery…
Today, the UK’s oil and gas industry faces arguably the most challenging period in its turbulent history. According to Oil & Gas UK, capital investment, which reached a record high of £14.4 billion in 2013, is expected to fall by more than half to about £7 billion by 2016…
Rosneft succumbed to a drop in revenue and net income for 1H 2015, however came out ahead in its 2Q 2015 results with an increase of as much as 150%. Image from Rosneft. Revenue for 1H came in at US$46…
Schlumberger and IBM announced that they have teamed up to provide integrated services to upstream oil and gas customers that they claim will improve the business impact of production operations projects. The offering combines Schlumberger’s production optimization services…
LR Senergy’s new process uses computational fluid dynamics (CFD) to model a well and near wellbore — and subsequently identify production optimization options and strategies. Jeannie Stell reports. Michael Byrne…
Emerson Process Management has acquired Norwegian company Yggdrasil, a provider of flow assurance and production optimization software. Emerson will incorporate Yggdrasil’s METTE production optimization solution into the Roxar reservoir management software portfolio…
Emerson Process Management launched its next generation Roxar subsea Wetgas Meter for accurate production measurement, reduced risk, and improved flow assurance in gas and gas condensate fields. Subsea wetgas meter…
Stavanger-based Ziebel announced that for the first time in oil and gas history, the Z-Line, a gravity-deployed slim carbon composite cable, was used to acquire meaningful distributed temperature and distributed acoustic fiber optic data during a commercial well intervention…
With oil prices depressed, Greg Hale argues that automation could make a much needed difference in the offshore industry. The scenario is set and it is time for everything to play out: automation can come to the rescue of the offshore oil and gas industry…